10 Things to Know About Ethiopia’s Startup Proclamation 2025
Ethiopia is making a significant move to become a leading innovation hub in Africa with the introduction of the Startup Proclamation 2025. This crucial policy aims to formalize the startup landscape, encourage investment, and speed up digital transformation across the country. This proclamation, the result of years of preparation, marks a strategic shift from government-controlled economics towards a business-friendly environment. Here are ten important aspects of this reform and their potential impact on entrepreneurs, investors, and Ethiopia’s economy.
1. Defining Startups: Legal Clarity at Last
Ethiopia’s startup sector previously operated without a clear legal definition. The new proclamation officially defines a startup as an innovation-focused, scalable company in operation for a decade or less. This legal definition is crucial because it gives entrepreneurs and investors legal assurance. This move brings Ethiopia in line with other African nations like Kenya, Rwanda, and Nigeria that have already adopted similar innovation-focused frameworks.
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